Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 281 - 290 of 804 results for "Judge"

Amazon launches climate VC fund

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
The US$1.38 trillion technology giant has launched a US$2 billion venture capital fund, set to invest in companies building products, services, and technologies that protect the planet. Amazon said its newly launched Climate Pledge Fund would help the ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Federal Court of Australia has slapped a trading company with a $1.8 million fine, while two people have been barred from financial services for their involvement in the fraudulent binary options scheme. The judgement comes following findings made ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... will also be looked upon less than favourably, he said. "Investors in China will likely give pause going forward, if they judge - as we do - that the country's transparency in fighting COVID-19 has been less-than-ideal," Cirami said. "The pandemic represents ...

Report reveals superficiality of ESG pledges

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
A new report has revealed a number of superannuation funds, including AustralianSuper, voted down shareholder resolutions on climate change despite signing up to the Investor Group on Climate Change. The Australian Centre for Corporate Responsibility ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... contravened section ss12DA(1), 12DB(1)(e) and (g), 12DI(3) of the ASIC Act and 912A(1)(a) and (c) of the Corporations Act. The Judge said CBA had breached its obligation to do "all things necessary" to ensure that the services covered by its AFSL were ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
When the going gets tough... the European Central Bank (ECB) gets more policy provision going. At its June 4 Governing Council meeting, the central bank raised the size of its Pandemic Emergency Purchase Program (PEPP) by €600 billion to a total of ...

38 staff punished over AUSTRAC scandal: Westpac

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
Westpac has confirmed 38 staff copped a range of remuneration consequences as a result of the bank's investigations into the AUSTRAC scandal. In a statement, the bank confirmed it should have recognised the faults in its systems earlier. "The report ...

Calls for overhaul of AFSL system

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
The Financial Planning Association of Australia (FPA) wants a professional registration for individual advisers to replace the current system. Currently, an Australian financial services licence (AFSL) is required to provide advice. FPA chief executive ...

High Court rules against Fortescue

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
... analysis produced by the Defendants assists in providing market participants with intelligence about these markets." The judge added there is an important and weighty public interest in the provision of well-informed analysis and data by publications ...

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... result of COVID-19 and then mental health conditions of one of the defendants. However, a New South Wales Supreme Court judge dismissed the most recent application yesterday and the matter will return to hearings on May 25.